Stockholm, April 21, 2009 - Neonet, the neutral provider of global direct market access brokerage services and trading technology, today announces that buy-side customers of Credit Suisse can now take advantage of Neonet's advanced suite of solutions for equity and futures execution.
Neonet offers buy-side clients an advanced Execution Management Solution (EMS) that enables execution traders to effectively manage program and single name orders for best execution results. Credit Suisse customers can utilize this technology platform combined with the services of Credit Suisse. Using Neonet's system gives the buy-side trader a consolidated view and improved work-flow by not having to switch between different systems.
Commenting on today's announcement, Rob Maher, Head of AES Sales in EMEA at Credit Suisse, said: "Neonet is a global broker with a robust franchise and we are pleased to enter into this partnership. Neonet Trader has proved to be an extremely popular trading platform, and we are eager to extend the distribution of our award-winning AES algorithms to our collective clients."
Per Andersson, Head of Sales at Neonet comments: "We are delighted that from today Credit Suisse buy-side clients have the possibility to use Neonet's technology platform. This shows our commitment to offer our buy-side firms leading technology solutions to achieve best execution by optimal management of execution desk workflow."
For further information, please contact:
Head of Communications, Neonet
+46 8 454 15 82
Neonet is a global agency brokerage firm and technology provider, offering professional market participants neutral, high speed brokerage services and advanced trading software solutions. Neonet's in-house developed platform offers connectivity to the world's leading market places globally across the key regions of North America, Latin America, Europe, Asia and Australia. Neonet's cutting-edge technology solutions, Neonet XG, include an integrated product suite. It features high speed market connections, a comprehensive execution management system, market data services and advanced trading tools. Neonet is listed on the NASDAQ OMX Stockholm and has clients in over 20 countries globally. For more information, please visit www.neonet.com.